Executive Summary
LHT Holdings Limited manufactures and trades in wooden pallets and timber-related products in Singapore, Malaysia, and internationally. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has LHT Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine BEI's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine BEI's volatility change over the past year.
Market Performance
7 Day Return
1.7%
BEI
9.5%
SG Forestry
1.4%
SG Market
1 Year Return
15.4%
BEI
23.8%
SG Forestry
-10.9%
SG Market
Return vs Industry: BEI underperformed the SG Forestry industry which returned 23.8% over the past year.
Return vs Market: BEI exceeded the SG Market which returned -10.9% over the past year.
Shareholder returns
| BEI | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 9.5% | 1.4% |
| 30 Day | -2.4% | 20.3% | 5.4% |
| 90 Day | 1.7% | 23.9% | 17.3% |
| 1 Year | 21.2%15.4% | 26.4%23.8% | -6.1%-10.9% |
| 3 Year | 9.4%-7.0% | -1.6%-10.4% | -9.4%-20.5% |
| 5 Year | 63.2%22.4% | 45.9%32.5% | 27.3%3.9% |
Long-Term Price Volatility Vs. Market
How volatile is LHT Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is There More To The Story Than LHT Holdings's (SGX:BEI) Earnings Growth?1 month ago | Simply Wall St
What Do The Returns On Capital At LHT Holdings (SGX:BEI) Tell Us?2 months ago | Simply Wall St
Have Insiders Been Buying LHT Holdings Limited (SGX:BEI) Shares This Year?Valuation
Is LHT Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BEI (SGD0.6) is trading below our estimate of fair value (SGD3.24)
Significantly Below Fair Value: BEI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BEI is good value based on its PE Ratio (7.4x) compared to the XA Forestry industry average (17.6x).
PE vs Market: BEI is good value based on its PE Ratio (7.4x) compared to the SG market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BEI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BEI is good value based on its PB Ratio (0.6x) compared to the SG Forestry industry average (1.5x).
Next Steps
Future Growth
How is LHT Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
26.1%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as LHT Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether LHT Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- LHT Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has LHT Holdings performed over the past 5 years?
-4.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEI has a large one-off gain of SGD1.3M impacting its June 30 2020 financial results.
Growing Profit Margin: BEI's current net profit margins (11.7%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: BEI's earnings have declined by 4.8% per year over the past 5 years.
Accelerating Growth: BEI's earnings growth over the past year (133.4%) exceeds its 5-year average (-4.8% per year).
Earnings vs Industry: BEI earnings growth over the past year (133.4%) exceeded the Forestry industry -4%.
Return on Equity
High ROE: BEI's Return on Equity (8.1%) is considered low.
Next Steps
Financial Health
How is LHT Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BEI's short term assets (SGD48.1M) exceed its short term liabilities (SGD5.3M).
Long Term Liabilities: BEI's short term assets (SGD48.1M) exceed its long term liabilities (SGD7.3M).
Debt to Equity History and Analysis
Debt Level: BEI is debt free.
Reducing Debt: BEI has no debt compared to 5 years ago when its debt to equity ratio was 5.6%.
Debt Coverage: BEI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BEI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is LHT Holdings's current dividend yield, its reliability and sustainability?
5.00%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEI's dividend (5%) is higher than the bottom 25% of dividend payers in the SG market (2.15%).
High Dividend: BEI's dividend (5%) is low compared to the top 25% of dividend payers in the SG market (5.04%).
Stability and Growth of Payments
Stable Dividend: BEI's dividend payments have been volatile in the past 10 years.
Growing Dividend: BEI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.2%), BEI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.8yrs
Average management tenure
CEO
Mui Yap
3.92yrs
Tenure
Ms. Mui Kee Yap has been the Chairman, Chief Executive Officer and Managing Director at LHT Holdings Limited since February 10, 2017 and has been its Executive Director since January 2, 1988. Ms. Yap has b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3.92yrs | no data | 14.12% SGD 4.5m | |
| Founder | 40.42yrs | no data | 18.19% SGD 5.8m | |
| Financial Controller & Administrative Manager | 5.83yrs | no data | no data | |
| Senior Sales Manager | 35.58yrs | no data | no data | |
| Executive Director | 3.92yrs | no data | 1.61% SGD 513.6k | |
| Company Secretary | 22.5yrs | no data | 0.17% SGD 53.3k |
12.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: BEI's management team is seasoned and experienced (12.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3.92yrs | no data | 14.12% SGD 4.5m | |
| Founder | 40.42yrs | no data | 18.19% SGD 5.8m | |
| Executive Director | 3.92yrs | no data | 1.61% SGD 513.6k | |
| Company Secretary | 22.5yrs | no data | 0.17% SGD 53.3k | |
| Non-Executive Lead Independent Director | no data | no data | 0.019% SGD 6.0k | |
| Non-Executive Independent Director | 21.5yrs | no data | 0.0070% SGD 2.2k | |
| Non-Executive Independent Director | 13.83yrs | no data | no data | |
| Independent Non-Executive Director | 1.17yrs | no data | no data |
13.8yrs
Average Tenure
63yo
Average Age
Experienced Board: BEI's board of directors are seasoned and experienced ( 13.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
LHT Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: LHT Holdings Limited
- Ticker: BEI
- Exchange: SGX
- Founded: 1977
- Industry: Forest Products
- Sector: Materials
- Market Cap: S$31.947m
- Shares outstanding: 53.24m
- Website: https://www.lht.com.sg
Number of Employees
Location
- LHT Holdings Limited
- 27 Sungei Kadut Street 1
- Singapore
- 729335
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BEI | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jul 1999 |
Biography
LHT Holdings Limited manufactures and trades in wooden pallets and timber-related products in Singapore, Malaysia, and internationally. It operates through four segments: Pallet/Packaging, Timber Related P...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:11 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.